Garima Bikas Bank convenes its 14th AGM; endorses proposal of 13.50% bonus shares and 0.71% cash dividend to its shareholders

Garima Bikas Bank has virtually convened its 14^th AGM for the FY 2076-77 under the leadership of its chairman on Magh 30, 2077.

The AGM has endorsed the board’s proposal to provide 13.50% bonus shares and 0.71% cash dividend to the shareholders, as per the media statement. After the capitalization of the bonus shares, the paid-up capital of the bank will scale up to Rs 3.67 arba.

The AGM has elected 3 BoDs from the promoter group are Mr. Shyam Prashad Bashyal, Dr. Aananda Prashad Shrestha, Mr.  Dipendra Shrestha, and 3 other board members from the public shareholder group are Mr. Bimal Pandey, Mr. Sanjiv Dhakal, and Ms. Saraswati Pathak and has unanimously elected Mr. Shyam Prasad Bashyal as the chairman for a tenure of four years,

The bank currently has 106 branches, and 51 ATM booths under its network all over the nation.